Granite Point Mortgage Trust (GPMT) Expected to Release Quarterly Earnings on Wednesday

Granite Point Mortgage Trust (NYSE:GPMT) is anticipated to release its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect the company to post earnings of ($0.39) per share and revenue of $7.85 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, August 6, 2026 at 11:00 AM ET.

Granite Point Mortgage Trust (NYSE:GPMT) last posted its quarterly earnings data on Tuesday, May 5th. The company reported ($0.06) EPS for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.13. Granite Point Mortgage Trust had a negative net margin of 29.82% and a negative return on equity of 11.31%. The business had revenue of $11.22 million for the quarter, compared to analyst estimates of $7.40 million. On average, analysts expect Granite Point Mortgage Trust to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Granite Point Mortgage Trust Price Performance

Shares of NYSE:GPMT opened at $1.33 on Wednesday. Granite Point Mortgage Trust has a 12 month low of $1.24 and a 12 month high of $3.12. The stock has a market cap of $63.73 million, a price-to-earnings ratio of -1.24 and a beta of 1.61. The stock’s 50 day moving average price is $1.41 and its 200 day moving average price is $1.63.

Granite Point Mortgage Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.05 per share. The ex-dividend date was Wednesday, July 1st. This represents a $0.20 annualized dividend and a dividend yield of 15.0%. Granite Point Mortgage Trust’s dividend payout ratio (DPR) is -18.69%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on GPMT. Wall Street Zen downgraded Granite Point Mortgage Trust from a “hold” rating to a “sell” rating in a research note on Saturday, June 6th. UBS Group assumed coverage on Granite Point Mortgage Trust in a research note on Thursday, July 16th. They set a “neutral” rating and a $1.50 target price for the company. Compass Point set a $1.50 target price on Granite Point Mortgage Trust in a report on Monday, May 11th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Granite Point Mortgage Trust in a report on Friday, July 17th. Three investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $1.83.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in GPMT. MetLife Investment Management LLC increased its holdings in shares of Granite Point Mortgage Trust by 68.3% in the first quarter. MetLife Investment Management LLC now owns 21,334 shares of the company’s stock valued at $55,000 after buying an additional 8,658 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Granite Point Mortgage Trust by 473.4% during the 1st quarter. AQR Capital Management LLC now owns 156,518 shares of the company’s stock worth $407,000 after acquiring an additional 129,222 shares in the last quarter. Marshall Wace LLP boosted its stake in shares of Granite Point Mortgage Trust by 9,425.4% during the 2nd quarter. Marshall Wace LLP now owns 1,007,221 shares of the company’s stock worth $2,488,000 after acquiring an additional 996,647 shares in the last quarter. Jump Financial LLC acquired a new position in shares of Granite Point Mortgage Trust in the 2nd quarter worth $31,000. Finally, Qube Research & Technologies Ltd grew its holdings in shares of Granite Point Mortgage Trust by 948.9% in the 2nd quarter. Qube Research & Technologies Ltd now owns 141,808 shares of the company’s stock worth $350,000 after acquiring an additional 128,288 shares during the last quarter. Institutional investors and hedge funds own 51.63% of the company’s stock.

Granite Point Mortgage Trust Company Profile

Granite Point Mortgage Trust, Inc is a specialty finance company that invests directly in commercial real estate debt. The company focuses on originating, acquiring and managing senior preferred and mezzanine loans secured by income-producing real estate across diverse property types, including multifamily, office, industrial and retail assets. Granite Point Mortgage Trust operates as a real estate investment trust (REIT), providing investors with exposure to floating-rate commercial mortgage loan investments.

Granite Point’s investment strategy centers on structuring loans to deliver attractive risk-adjusted returns, with portfolio allocations spanning senior loans, B-notes and mezzanine financings.